Thursday, July 23, 2015

Software: Software AG: return to growth? – Darmstadt … – Focus – ABC Online

Thursday , 23.07.2015, 08:49
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The Darmstadt Software AG thanks to better business in its largest division and the favorable euro exchange rate regained back on the growth path.

The business with integration software (DBP) increased compared with the weak prior-year quarter clearly. That left the Group sales in the second quarter by five per cent to 205.6 million euros, as the TecDAX companies announced on Thursday. Sales of maintenance have achieved a record level and the first time exceeded the 100-million-euro mark in a single quarter. Bottom line, put the win after a disappointing year by 40 percent to 19.9 million euros. At that time the Group restructuring had charged. Even before interest and taxes was this time an increase of slightly more than one third to 33.2 million euros. Software AG employs almost 4349 people. The financial targets for the full year confirmed the management.

 

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